Vietnam light industry park to be set up in Moscow

Authorities of Ho Chi Minh City and Moscow are working together to establish a light industry park for Vietnamese enterprises in the Russian capital. 

According to the Ho Chi Minh City Trade and Promotion Centre, the park is expected to cover between 100 and 120 hectares. It will offer production support, legal and logistics services, among other facilities. 

The park’s target sectors include garment-textiles, leather footwear, woodwork production and packaging. 

Vietnam has so far channeled US$2.93 billion into 20 projects in Russia, mostly in oil and gas exploration and services. 


Russia ranks 17th out of 112 nations and territories investing in Vietnam with 114 projects worth US$2.08 billion.

Mời quý độc giả theo dõi VOV.VN trên

Related

Ha Nam seeks Japanese investment in support industry
Ha Nam seeks Japanese investment in support industry

The northern province of Ha Nam called on Japanese enterprises to invest in its support industry during a conference in Japan’s Osaka city on October 11. 

Ha Nam seeks Japanese investment in support industry

Ha Nam seeks Japanese investment in support industry

The northern province of Ha Nam called on Japanese enterprises to invest in its support industry during a conference in Japan’s Osaka city on October 11. 

Garment industry benefits from less red tape
Garment industry benefits from less red tape

The Ministry of Industry and Trade has removed the inspection of formaldehyde content in textile and garment products that cause many difficulties to enterprises.

Garment industry benefits from less red tape

Garment industry benefits from less red tape

The Ministry of Industry and Trade has removed the inspection of formaldehyde content in textile and garment products that cause many difficulties to enterprises.

Vietnam, Sudan partner in industry
Vietnam, Sudan partner in industry

Vietnam and Sudan signed a memorandum of understanding (MoU) on industrial cooperation at the second session of their Inter-Governmental Committee held in Hanoi on October 11.

Vietnam, Sudan partner in industry

Vietnam, Sudan partner in industry

Vietnam and Sudan signed a memorandum of understanding (MoU) on industrial cooperation at the second session of their Inter-Governmental Committee held in Hanoi on October 11.